[Parmenides]

Sony Corporation announced its consolidated results for the first quarter of the fiscal year ending March 31,2013 (April 1, 2012 to June 30, 2012)


Consolidated Results for the First Quarter ended June 30, 2012

(Millions of U.S. dollars) Sales and Operating Revenue --> $19,180 Operating Income --> $79 Net Loss --> $312

FY11: Game Operating Income --> 29.3 Billion Yen (375 Million U.S. dollars)



FY12 Q1: Game Operating Loss --> 3.5 Billion Yen (45 Million U.S. dollars)

FY 2011 is a profit of 29.3 Billion Yen.

Worldwide Hardware Unit Sales (Unit: Million)

Home Console      Ap-Jn'12             
--------------------------------------------------------------------
(PS3 + PS2)         2.8                

(360 + Wii)         1.81    (1.1 + 0.71)                       
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 Handheld         Ap-Jn'12          
--------------------------------------------------------------------
(3DS + NDS)         2.4     (1.86 + 0.54)          

(PSP + PSV)         1.4      
--------------------------------------------------------------------
 
-Sources: Sony,Nintendo,Microsoft (Sell-in Numbers)

[Mihael Mello Keehl]

Herewego.gif?

[a Master Ninja]

Hang in there, Kaz.

[JehutyRunner]

vitaisdead (had to get it in, sorry)

[nhlducks35]

16 million Vita/PSP to 12 million now.

[Meisadragon]

Even Panasonic made a profit this quarter :(

[NBtoaster]

Hope PS4 is worth it.

[allan-bh]

Pathetic form to disclose videogame hardware sales

[Wario64]

So uh, how many Vitas were they expecting to sell this year?

[ULTROS!]

Looks like the Home Entertainment and Sounds is their biggest bleeder.

Gaming... Not really.

Edit: based on the FY11.

[Smiles and Cries]

16 million Vita/PSP to 12 million now.

easy sailing

[Majine]

Hope PS4 is worth it.

Hope there is one.

[NateDrake]

So uh, how many Vitas were they expecting to sell this year?

Originally was 16 million. Now it's down to 12 Vita+PSP

[Kazerei]

Game business lost money. It's been a slow quarter, for everyone, really.

[Hydrogen Bluebird]

Poor Sony.

I hope they still get to make PS4 lol.

[-Pyromaniac-]

Expected.

Obviously there will be a ps4. Can't tell who is joking.

[Ridley327]

Originally was 16 million. Now it's down to 12 Vita+PSP

Is 12 million realistic? PSP isn't dead in Japan just yet, but it's slowed down considerably thanks to the 3DS, and we all know how the Vita has been fairing. I guess it's a more attainable goal than 16 was?

[JimFear]

with the poor choice of game on vita... no wonder why ppl dont wanna buy it now.

[ffdgh]

Ouch....hopefully they'll get some profits soon.

[FishyJoe]

Ok, so they sell 1.8m PSP in Q1 2011. Total sales wound up being 6.8m for FY 2011.

Now, they sell 1.4m PSP+PSV in Q1 2012. Even with a reduced forecast of 12m, there is still a huge disconnect. Were they on crack when they forecast 16m???

[bigtroyjon]

16 million Vita/PSP to 12 million now.

So much for the appeal to authority people

"Sony knows what their plans are. They wouldn't make a forecast that would be that far off, obviously they have lots of stuff planned."

[NateDrake]

Is 12 million realistic? PSP isn't dead in Japan just yet, but it's slowed down considerably thanks to the 3DS, and we all know how the Vita has been fairing. I guess it's a more attainable goal than 16 was?

If the current sales trend continues, I don't think 12 million will happen. Vita needs a strong holiday WW to hit 12 mill.

[vareon]

Financial services as the biggest profit?

[jcm]

They restructured their divisions again? And are only reporting combined handheld/console? That's irritating.

[Meisadragon]

Yeah, it was clear that they would reduce the forecast for PSP/Vita. 16 million was completely unrealistic.

[alfredofroylan]

Financial services as the biggest profit?

Life insurance and banking basically.
http://www.splatf.com/2011/11/sony-profits/

[Gez]

with the poor choice of game on vita... no wonder why ppl dont wanna buy it now.

I'm never buying one until it actually has games. Why would i support a dead system with nothing that interests me?

I want Monster Hunter and at least 4 other good RPGs on it thats not a port of a port or Resmaster downgrade.

[FishyJoe]

Ouch....hopefully they'll get some profits soon.

Sony doesn't seem to think so:

Primarily due to the lowering of the annual unit sales forecast for portable hardware, sales are expected to be significantly lower than the May forecast. Due to the above-mentioned decrease in sales and the impact of unfavorable exchange rates, operating income is expected to be significantly below the May forecast. Sales are expected to be essentially flat and operating income is expected to decrease significantly year-on-year.

[AOC83]

Is 12 million realistic?

No. I´d be surprised if they reach 6 million.

[alfredofroylan]

So what happened with this forecast?

Sony Aims To Sell 10M PlayStation Vita By March

[guit3457]

Man. Those Home Entertainment & Sound division numbers.......

[earvcunanan]

That -3.5b on Gaming has to be because of PS4, right?

[NateDrake]

So what happened with this forecast? Sony Aims To Sell 10M PlayStation Vita By March

That wasn't a forecast. The forecast was 16mill for Vita+PSP, he just said 10 mill for Vita. So let's say now Vita is 8 mill and PSP is 4.

[Meisadragon]

What are PS3 shipment figures for Q1? No separate breakdown for PS3/PS2?

[gundamkyoukai]

Not that surprising to tell the truth , Kaz can't change things in such short while.

[Hiro_Kunimi_80]

If the current sales trend continues, I don't think 12 million will happen. Vita needs a strong holiday WW to hit 12 mill.

at current sales trend, Vita + psp need 2 holiday WW to hit 12 mil.

price cut and huge announcements during next 3 months, or.. they are gonna miss anyway.

[iammeiam]

I wonder if we'll see Sony shift handheld forecasts down a chunk each quarter--I tend to think, with the size of this adjustment, they won't adjust after Q2 but may have to again if Q3 goes poorly (holidays+titles that are supposed to make Vita relevant in the west.)

But, yeah, this should mark an end to the claims that Vita sales are just according to keikaku.

[Kyon]

This takes time to fix idk if anyone was expecting everything to chnage so fast. Plus summer was very dry for games this year

[Toki767]

at current sales trend, Vita + psp need 2 holiday WW to hit 12 mil. price cut and huge announcements during next 3 months, or.. they are gonna miss anyway.

Even if they had huge announcements, nothing they announce will end up being out in time for the holidays to make a difference.

[startyourengine]

maybe drop the price on that vita sony?

[AOC83]

That -3.5b on Gaming has to be because of PS4, right?

And Vita i guess.

[Anth0ny]

So what happened with this forecast? Sony Aims To Sell 10M PlayStation Vita By March

Has it even cracked 2 million WW yet? They'd be lucky to hit 5 million by March with the currently scheduled software line up.

[GavinGT]

And Vita i guess.

That insane Vita marketing push.

[miladesn]

[Loghorn150]

That -3.5b on Gaming has to be because of PS4, right?

Where's proof of that?

[Kyon]

Where's proof of that?

isn't it R&D or something? I know nothing about tech so don't take it from me lol

[RukusProvider]

So much for the appeal to authority people "Sony knows what their plans are. They wouldn't make a forecast that would be that far off, obviously they have lots of stuff planned."

Haha yeah. Anytime reality was brought up "Sony knows. You don't!"

That's a pretty hefty revision. They also do not expect to make a profit for the full year now.

"Game
Primarily due to the lowering of the annual unit sales forecast for portable hardware, sales are expected to be significantly lower than the May forecast. Due to the above-mentioned decrease in sales and the impact of unfavorable exchange rates, operating income is expected to be significantly below the May forecast. Sales are expected to be essentially flat and operating income is expected to decrease significantly year-on-year."

If I recall, the vita was selling according to expectations per PR mouthpieces at Sony.

[gofreak]

That's interesting that they're breaking out actual figures again for each division. With last years's into the bargain. Operating income for SCE last year wasn't bad.

[Dresden]

looking forward to The Last of Us 2 on the Ouya.

[Dalthien]

If I recall, the vita was selling according to expectations per PR mouthpieces at Sony.

Everytime any of the bigs at Sony commented on how Vita was selling as expected - it was some of the most obvious corporate BS. How anyone on GAF ever fell for it is pretty crazy.

It was obvious that the bean-counters expected Vita to start strong right out of the gate, and the first half-year has been the exact opposite of strong. I'm still amused at how so many bigs at Sony could keep spouting that "selling according to plan" crap with a straight face.